Most Asian stock markets rebounded on Wednesday (February 26), with Hong Kong leading the rise driven by technology stocks, while Singapore closed stadiums, and the Straits Times index eventually fell slightly by 7.82 points or 0.2%, closing at 3,908.05 points.

Hong Kong stock market rebounded strongly by 3.27% on Wednesday, while Alibaba, Meituan and Tencent each rose by about 5%, 10% and 3.4%; Shanghai and Shenzhen stock markets rebounded by 1.02% and 1.10% respectively. Tokyo stocks recovered early losses on Wednesday, with a decline of 0.25%, and the market continued to focus on the impact of U.S. economic outlook and tariff actions. Seoul and Taiwan stock markets rebounded 0.41% and 0.50%. In Southeast Asian stock markets, Kuala Lumpur rebounded 1.32%, while Singapore and Jakarta both closed.

“The Hang Seng Index rose sharply, driven by the rise in technology stocks, and the market is optimistic that China's technological innovation can boost its weak economy, Hong Kong's budget commitments announced Wednesday Transforming Hong Kong into an AI hub provides support for stocks. By contrast, the Straits Times index fluctuated almost without volatility on Wednesday, dragged down by about 2% below OCBC's share price, which previously reported lower-than-expected net profit , to a certain extent, dragged down the sea index. “

The overall trading volume of Singapore stock market dropped slightly to 1.53 billion shares on Wednesday, and the total trading volume dropped to 1.65 billion yuan. There were as many as 330 stocks rising in the market and 236 stocks falling.

Among the 30 Shanghai Stock Exchange stocks, 15 rose, six remained flat, and nine fell. Hongkong Land's stock price resumed its upward trend, rebounding 2.66% to US$4.63, making it the largest increase in stock; Seatrium, which fell 3.93% to RMB 2.20.

In terms of other constituent stocks, OCBC Bank's stock price fell 2.22% to 17.21 yuan due to its performance worse than expected, giving the Shanghai Stock Exchange the greatest pressure. Before the opening of the City Development (CDL), the stock trading was suspended, and the incident of Guo Lingming and his son turning against each other and fighting on the board of directors was subsequently exposed. Urban Development's stock price closed at 5.12 yuan on Tuesday (25th).